crypto

NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets at BlackRock. During a conversation with Anthony Pompliano and investor…

World Liberty Financial Token (WLFI), a DeFi governance token affiliated with the Trump family, may have signaled a major market breakdown hours before Bitcoin moved, according to a new analysis by data provider Amberdata. The report examines trading activity on Oct. 10, 2025, when roughly $6.93 billion in leveraged crypto positions were liquidated in under…

A divergence in global bitcoin BTC$70,413.42 market sentiment is widening as U.S. institutional investors hold steady while offshore traders retreat from their positions. The gap is clearest in futures markets. CME, the go-to platform for hedge funds and institutional desks in the U.S., shows traders are still paying a premium to stay long on bitcoin,…

Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit. The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in…

Bitcoin (BTC) gained at Friday’s Wall Street open as a fresh US inflation surprise boosted the mood. Key points: Bitcoin price action heads toward key resistance after US CPI inflation data cools beyond expectations. Crypto becomes a standout on the day as macro assets see a cool reaction to slowing inflation. Traders stay wary on…

Two US senators are pressing the Treasury Department to investigate a reported foreign investment in a crypto venture tied to the Trump family, raising concerns about national security, foreign influence and access to sensitive financial data. In a Friday letter to Treasury Secretary Scott Bessent, Massachusetts Senator Elizabeth Warren and New Jersey Senator Andy Kim…

Major Bitcoin-holding institutions may eventually lose patience with Bitcoin developers for not addressing quantum computing concerns quickly enough, according to venture capitalist Nic Carter. “I think the big institutions that now exist in Bitcoin, they will get fed up, and they will fire the devs and put in new devs,” Carter said during the Bits…

Bitcoin (BTC) is approaching “undervalued” territory for the first time in three years as a classic indicator nears its inflection point. Key points: Bitcoin has not been so “undervalued” versus its market cap since March 2023, research shows. The MVRV ratio is approaching its key breakeven level for the first time in over three years….

Passing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. The stalling of the CLARITY bill over concerns voiced by crypto industry executives has negatively impacted the industry, Bessent told CNBC on Friday. He said: “In a time when we are having one…

US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election. ETF analyst Eric Balchunas said in an X post on Saturday that, if approved, the ETF products would be “potentially groundbreaking.” “Opens up huge…